PRPI (Perpetual Industries) Asset Turnover: 0.48 (As of Dec. 2022)


What is Perpetual Industries Asset Turnover?

Perpetual Industries PRPI +0.03% Asset Turnover is 0.48 as of Dec. 2022.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Perpetual Industries's Revenue for the six months ended in Dec. 2022 was $5.24 Mil. Perpetual Industries's Total Assets for the quarter that ended in Dec. 2022 was $10.94 Mil. Therefore, Perpetual Industries's Asset Turnover for the quarter that ended in Dec. 2022 was 0.48.

Asset Turnover is linked to ROE % through Du Pont Formula. Perpetual Industries's annualized ROE % for the quarter that ended in Dec. 2022 was -36.92%. It is also linked to ROA % through Du Pont Formula. Perpetual Industries's annualized ROA % for the quarter that ended in Dec. 2022 was -27.86%.

Perpetual Industries  (OTCPK:PRPI) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Perpetual Industries's annulized ROE % for the quarter that ended in Dec. 2022 is

ROE %**(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=-3.048/8.2555
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.048 / 10.482)*(10.482 / 10.941)*(10.941/ 8.2555)
=Net Margin %*Asset Turnover*Equity Multiplier
=-29.08 %*0.958*1.3253
=ROA %*Equity Multiplier
=-27.86 %*1.3253
=-36.92 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Perpetual Industries's annulized ROA % for the quarter that ended in Dec. 2022 is

ROA %(Q: Dec. 2022 )
=Net Income/Total Assets
=-3.048/10.941
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.048 / 10.482)*(10.482 / 10.941)
=Net Margin %*Asset Turnover
=-29.08 %*0.958
=-27.86 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

Perpetual Industries Asset Turnover Related Terms

Perpetual Industries Asset Turnover Historical Data

* Premium members only.

The historical data trend for Perpetual Industries's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Perpetual Industries Asset Turnover Chart

Perpetual Industries Annual Data
Trend Jul13 Jul14 Jul15 Dec21 Dec22
Asset Turnover
2.56 4.36 0.74 1.46 0.48

Perpetual Industries Semi-Annual Data
Jul13 Jul14 Jul15 Dec21 Dec22
Asset Turnover 2.56 4.36 0.74 1.46 0.48

PRPI vs BRBL, JKSM, ATVK: Asset Turnover Comparison

For the Specialty Industrial Machinery subindustry, Perpetual Industries's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Perpetual Industries Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Perpetual Industries's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Perpetual Industries's Asset Turnover falls into.


Perpetual Industries Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Perpetual Industries's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=5.241/( (11.515+10.367)/ 2 )
=5.241/10.941
=0.48

Perpetual Industries's Asset Turnover for the quarter that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Dec. 2022 ))/ count )
=5.241/( (11.515+10.367)/ 2 )
=5.241/10.941
=0.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.48 mean?
Perpetual Industries (PRPI) has a Asset Turnover of 0.48 as of Dec. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Perpetual Industries and its competitors.
Is Perpetual Industries' Asset Turnover too high?
Perpetual Industries' current Asset Turnover is 0.48.
How does Perpetual Industries' Asset Turnover compare to BRBL and JKSM?
Perpetual Industries' Asset Turnover of 0.48 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Industrial Products company?
A good Asset Turnover depends on the Industrial Products industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Perpetual Industries and its competitors. Perpetual Industries's current Asset Turnover is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perpetual Industries stock overvalued right now?
Perpetual Industries (PRPI) has a current Asset Turnover of 0.48. The current Asset Turnover is 0.48. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Perpetual Industries (PRPI), the current Asset Turnover is 0.48 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Perpetual Industries Business Description

Address 2193 Rotunda Drive, Auburn, IN, USA, 46706
Perpetual Industries Inc is a U.S.-based company focused on the growth and market expansion of its wholly owned subsidiary, The Worldwide Group, LLC, which operates as Worldwide Auctioneers, is a boutique auction firm specializing in the sale and acquisition of classic and vintage motorcars, generating its primary revenues through live and online auctions held across the United States. The company serves a clientele of automotive collectors and enthusiasts. Along with its auction events, the company offers a comprehensive suite of personalized services, including private car sales appraisals, collection management, estate planning, and asset consultancy.